Stocks rallied Friday as traders cheered comments from Federal Reserve Chairman Jerome Powell at the annual central bank conference in Jackson Hole, Wyoming, that point to stronger-than-expected economic growth. The Dow Jones Industrial Average closed up 247.48 points, or 0.7 per cent at 34,346.90, after being up more than 300 points at session highs. The […]
Stocks lift after Fed’s annual conference in Jackson Hole Read More »
The annual results for the fiscal year 2022-23 shed light on can and bottle maker Orora’s strategic move to dive deeper into the US markets, echoing the path taken by its former parent company, Amcor. Similar to Amcor’s transformative acquisition of US competitor Bemis for $9.2 billion, Orora is charting a similar course for its
As the June 30 reporting season draws to a close, roughly 15% of ASX 200 companies are yet to release their reports, primarily comprising smaller enterprises. Among the imminent releases are reports from notable entities including Fortescue Metals, Mineral Resources, IGO, Brambles, and Harvey Norman. Brambles and IGO’s reports are expected to be positive, while
June 30 reporting season wrap-up and global market outlook Read More »
After two weeks of increasingly nervous trading, Wall Street erupted in cheers and applause following Federal Reserve Chair Jay Powell’s long-awaited speech at Jackson Hole. His words appeared to soothe market worries, solidifying gains after a period of uncertainty. Despite acknowledging progress, Powell made it clear that substantial changes are unlikely in the ongoing battle
He arrived, spoke, and Wall Street cheered: Market insights post-Jackson Hole Read More »
As the echoes of the June 30 reporting seasons reverberate worldwide (except for China, where it reaches its peak this week), attention shifts to a flurry of data releases marking the start of the new month. Australia is poised for a crucial week, featuring the June quarter national accounts and GDP announcements for the 2022-23
In the wake of US jobs report, global economic data flow gathers momentum Read More »
Once again, August has proven to be a month of losses for oil rig activity in the US, with a recent decline adding to the trend. The weekly report released last Friday by energy-services firm Baker Hughes revealed a decrease of eight oil rigs operating in the US. The tally for oil rigs plummeted to
August marks another loss for US oil rig usage amidst global dynamics Read More »
25 Aug 2023 – A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Sabre Resources (ASX:SBR) and Mamba Exploration (ASX:M24).
Stocks of the Hour: Tamboran Resources, Sabre Resources, Mamba Exploration Read More »
Stuart Tarrant – CFO – Lithium Australia (ASX:LIT) is at the forefront of advanced materials development to ensure an ethical and sustainable future for the global battery industry.
Lithium Australia (ASX:LIT) – Webinar Presentation Read More »
Peter Christie – Chairman – ActivePort Group (ASX:ATV) is an Australian software company delivering edge-to-cloud network orchestration solutions for the global Telecommunications industry.
ActivePort Group (ASX:ATV) – Webinar Presentation Read More »
Paul Walker – Chairman – Far East Gold (ASX:FEG) is a copper and gold explorer with three projects in Indonesia and three in Australia providing the Company with a diversified portfolio approach to its operations.
Far East Gold (ASX:FEG) – Webinar Presentation Read More »
